Mounds Senior Citizens Inc

Sunset Village

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 731030153 ✦ Mounds, OK ✦ Designated as a 501(c)(3)

Overview

What is Mounds Senior Citizens Inc?

Mounds Senior Citizens Inc, doing business as Sunset Village, is a nonprofit organization situated in Mounds, Oklahoma. Their primary mission is to provide affordable housing for low-income elderly individuals, with a 46-unit apartment complex constructed under the Housing Act of 1949. This apartment complex is regulated by both HUD and USDA. Furthermore, the organization runs a nutrition center, offering additional support to its residents. With a small team of two employees, Mounds Senior Citizens Inc strives to enhance the living conditions and well-being of the elderly population in the area.


Is Mounds Senior Citizens Inc legitimate?

Mounds Senior Citizens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mounds Senior Citizens Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,004

For more financial information, click here


What is the mission statement of Mounds Senior Citizens Inc?
Who is the CEO of Mounds Senior Citizens Inc?
What is the revenue of Mounds Senior Citizens Inc?
Who are the executives of Mounds Senior Citizens Inc and what are their salaries?
Where can I find the form 990 for Mounds Senior Citizens Inc?

Mission Statement of Mounds Senior Citizens Inc

Mounds Senior Citizens Inc, a nonprofit organization, is dedicated to serving the needs of low-income elderly individuals. Established under Section 515 of the Housing Act of 1949, this organization manages a 46-unit apartment complex, which is subject to regulation by both HUD and USDA. Beyond providing housing, Mounds Senior Citizens Inc also operates a nutrition center, offering essential support to its residents. The mission of Mounds Senior Citizens Inc is to create a secure and nurturing environment where elderly individuals can live with dignity, maintaining their independence while benefiting from the community resources it offers.

Impact

This information is meant to be a general summary of Mounds Senior Citizens Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Mounds Senior Citizens Inc provides essential housing to low-income elderly individuals in Mounds, Oklahoma through its 46-unit apartment complex. This organization's impact is significant as it offers a safe and affordable living option for seniors who may have limited resources. Additionally, the presence of a nutrition center within the complex contributes to the well-being of residents, ensuring they have access to healthy meals and social interaction. Through its dedication to affordable housing and care for the elderly, Mounds Senior Citizens Inc positively impacts the lives of the seniors it serves.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $455
  • Program Service Revenue: $118,243
  • Gross Receipts: $474,516

    • Assets and Liabilities:
  • Total Assets: $828,738
  • Total Liabilities: $1,153,366
  • Net Assets: -$324,628
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Tenant Rent

    Revenue

    $84,195

    Service Income

    Revenue

    $3,201

    Nutrition Center

    Revenue

    $30,847

    Organization Details

    Founding Year

    1977

    Principal Officer

    Billy Chilcoat

    Main Address

    1311 Commercial Ave, Mounds, OK, 74047

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Mounds Senior Citizens Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.